NOT LISTED FOR SALE

15 Michaels Way Westerly, RI 02891

Estimated Value: $553,000 - $805,000

2.08 Acres
$325,275 Price per Acre
90,605 Sq Ft Lot

Last Sold September 15, 2015

Last sale price $100,000

Est. 577% increase in value since last sale

Current estimated payment $4,255/month

92 Days on Market

About This Lot

As of September 2015

Build the house of your dreams & tuck yourself away on just over 2 acres of land and still have the benefit of being in Westerly. Easy access to the highway and walking distance to the river. Some site work has been done. Call for more information.

Last Listed By

Deb Thomas

Schilke Realty License #RES.0031585 Listed on: 05/15/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $899

Year Built

  • 2016

Lot Details

  • 2.08 Acre Lot
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned R40

Utilities

  • Cable TV Available

Community Details

  • Westerly Subdivision

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 15MICHAELSWYWEST

Property Details

Property Type

Land

Est. Annual Taxes

$899

Year Built

2016

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.08
  • Road Frontage Type: Private Road
  • Subdivision Name: WESTERLY
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0
  • Year Built (Public Record): 2016

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Wooded

Utilities

  • Utilities: Cable Available, Municipal Utilities, Water Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Current Use: Residential
  • Development Status: Raw Land
  • Lot Size Sq Ft: 90604.0
  • Wooded Area: 100.0
  • Parcel #: 15MICHAELSWYWEST
  • Zoning Description: Residential
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 899.0
  • Tax Lot: 67
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Sep 10, 2015
Sold by
Turano Michael J
Bought by
Arnold Joshua D and Arnold Rosanna G
Seller's Agent
Deb Thomas
Schilke Realty
Buyer's Agent
Ben Faubert
Onshore Realtors
List Price
$119,000
Sold Price
$100,000
Premium/Discount to List
-$19,000
-15.97%
Total Days on Market
92
Current Estimated Value
$676,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,573
Avg. Annual Appreciation
22.38%
Original Mortgage
$360,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 19, 2011
Sold by
Turano Michael J
Bought by
Turano Michael J

Purchase Details

Closed on
Jun 9, 2000
Sold by
Grills Rose Marie and Grills David
Bought by
Turano Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.12%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arnold Joshua D $100,000 --
Turano Michael J -- --
Turano Michael J $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Joshua D $334,000
Closed Arnold Joshua D $360,000
Previous Owner Turano Michael J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $100,000 -16.0% --
08/16/2015 08/16/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $119,000 -- --
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,618 $572,700 $143,600 $429,100
2023 $5,509 $572,700 $143,600 $429,100
2022 $5,475 $572,700 $143,600 $429,100
2021 $5,474 $475,200 $125,800 $349,400
2020 $5,375 $475,200 $125,800 $349,400
2019 $5,322 $475,200 $125,800 $349,400
2018 $5,270 $443,600 $125,800 $317,800
2017 $5,141 $443,600 $125,800 $317,800
2016 $1,388 $118,800 $93,800 $25,000
2015 $914 $84,500 $84,500 $0
2014 $899 $84,500 $84,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Deb Thomas

    Seller's Agent in 2015

    Deb Thomas

    Schilke Realty

    (860) 235-9466

    40 in this area

    63 Total Sales

    Deb Thomas
    Section Image
  • Ben Faubert

    Buyer's Agent in 2015

    Ben Faubert

    Onshore Realtors

    (401) 315-2588

    105 in this area

    114 Total Sales

    Ben Faubert
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1096370

State-Wide MLS

APN: WEST-000029-000067

Rhode Island Washington County Westerly 02891

15 Michaels Way, Westerly, RI

Homes for Sale in Westerly, RI

This home is located at 15 Michaels Way, Westerly, RI 02891 since 15 May 2015 and is currently estimated at $676,573. This property was built in 2016. 15 Michaels Way is a home located in Washington County with nearby schools including Westerly High School and St. Michael School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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